Severance Pay by Company
Explore employer context for 26 listed US companies. Dated source context, current-policy unknowns and independent calculators for tech, finance, consulting, healthcare, and retail.
Severance practices vary widely between industries and even between competitors in the same sector. These editorial pages retain selected historical context; they are not a matched dataset of individual cash receipts or a verification of all employers’ current policies.
Company pages separate selected historical source facts from unknown current terms. Unverified editorial formulas and benefits are not presented as current policy. Calculators use separate authored industry assumptions and illustrative salary inputs.
Big Tech
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
| Company | Package rating | Dated source context | |
|---|---|---|---|
| Amazon | Not assessed | The checked October 2025 and January 2026 Amazon announcements describe transition support but do not publish a numeric severance formula, minimum, cap or equity treatment. | View → |
| Google (Alphabet) | Not assessed | Google’s January 2023 U.S. announcement described starting severance of 16 weeks’ salary plus two weeks for each additional service year. It does not establish a current company schedule. | View → |
| Meta (Facebook) | Not assessed | Meta’s November 2022 U.S. announcement described 16 weeks’ base pay plus two weeks per service year without a cap. These are historical event terms. | View → |
| Microsoft | Not assessed | Microsoft’s January 2023 announcement described support for affected U.S.-benefit-eligible employees, but did not give a numerical cash schedule. | View → |
| Intuit | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Netflix | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Salesforce | Not assessed | Salesforce’s January 2023 letter described a minimum of nearly five months of pay for affected U.S. employees, with health insurance, career resources and other support. | View → |
| X (Twitter) | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Coinbase | Not assessed | June 2022 workforce reduction (2022-06-14): Coinbase published a 14-week minimum plus a tenure increment for this event, together with four months of US COBRA. Employees departing in the June 2022 reduction; the healthcare duration claim applies to US COBRA coverage.. Current employer policy and individual package terms are not verified here. | View → |
Enterprise Tech
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
| Company | Package rating | Dated source context | |
|---|---|---|---|
| Intel | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Cisco | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Oracle | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Shopify | Not assessed | May 2023 workforce reduction (2023-05-04): Shopify published a 16-week minimum plus one week per year of tenure for this event, with medical and employee-assistance benefits during that period and optional outplacement support. Employees leaving in the May 2023 reduction.. Current employer policy and individual package terms are not verified here. | View → |
| Snap Inc. (Snapchat) | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
Finance & Banking
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
| Company | Package rating | Dated source context | |
|---|---|---|---|
| JPMorgan Chase | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Goldman Sachs | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Citigroup | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Bank of America | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Wells Fargo | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| PayPal | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
Consulting
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
Healthcare & Pharmacy
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
| Company | Package rating | Dated source context | |
|---|---|---|---|
| HCA Healthcare | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| CVS Health | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
| Walgreens Boots Alliance | Not assessed | Current employer policy and individual package terms are not verified here. | View → |
Retail
These employer pages separate dated source facts from unknown current terms and independent calculator assumptions. They do not establish a sector-wide package range or ranking.
How to Use This Data
- Find your employer. Click through to the company-specific page for dated source facts, current-policy unknowns and separate calculator assumptions.
- Keep the model separate. Calculator estimates use disclosed product assumptions; they do not establish employer policy or what an individual offer should be.
- Estimate withholding separately. Use the tax calculator for a federal, FICA, and estimated state withholding breakdown, then confirm the state method with payroll.
- Organise questions. Cash, dates, benefits, equity and restrictions are topics to check in the actual documents; no negotiating movement is predicted.
- Read the agreement carefully before signing. Use our AI agreement analyzer for selected quotations and neutral questions from submitted text. It does not verify the agreement or predict whether a deadline can change.
Frequently Asked Questions
Which company has the best severance package?▼
The selected announcements concern different events and populations; they do not establish a current package winner or comparable individual payouts.
Are tech severance packages negotiable?▼
This compilation establishes no negotiation-increase percentage. Whether terms can change depends on the actual agreement and facts; an employer’s response may include no change.
How are layoff packages taxed?▼
Severance is generally taxable wages. Federal and FICA withholding depend on the payment and year-to-date wage inputs, while state withholding depends on the applicable state payroll method and any local rules. Bonuses, accrued PTO, and equity payouts may be treated differently depending on how the agreement and payroll classify them.
What should I do if I'm offered a severance package?▼
Signing on the spot is rarely required. Where the federal OWBPA applies (workers 40+, employers with 20 or more employees, and a release that waives age claims), the review period is at least 21 days (45 for group layoffs), plus a 7-day revocation window after signing. Many people use that time to get the offer in writing, save personal records off company devices, compare the offer against an industry benchmark, note their leverage points, and book a 1-hour consultation with an employment attorney.
Does this list include every major employer?▼
We focus on companies with documented layoff events and detailed package data: currently 26 employers spanning big tech, enterprise tech, finance, consulting, healthcare, pharmacy, and retail. We add companies when there's enough public reporting to provide useful per-company information. If your employer isn't listed, our state and industry pages provide the relevant benchmarks.